ABSTRACT

COVID-19: Household Debt During the Pandemic [Updated May 6, 2021]   [open pdf - 1MB]

From the Introduction: "This report explores household debt since the COVID-19 [coronavirus disease 2019] pandemic began. First, it describes the effects the pandemic has had on unemployment and income losses, followed by a discussion of observed trends in household debt and delinquencies. Then, the report highlights two important policy impacts that influenced these trends: consumer loan forbearance and macroeconomic policy to support households during the economic recession. Lastly, the report discusses the uncertain outlook for household finances and consumer debt markets."

Report Number:
CRS Report for Congress, R46578
Author:
Publisher:
Date:
2021-05-06
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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